- Capitalism and Alternatives -

What is the labor value of...

Posted by: Stuart Gort ( USA ) on November 04, 1999 at 18:51:18:

In Reply to: Click Here For a Good Time! posted by Barry Stoller on November 01, 1999 at 22:20:50:

...undeveloped land in Newport Beach vs. Hemet, CA?

...a rookie card of Mickey Mantle?

...a Cadillac vs. a Buick?

...a brain surgeon with 20 years experience?

...a menu from the last night of dinner aboard the Titanic?

...high fashion?

...dinner at Spago's vs. McDonald's?

I'd love to see what happens when our intrepid engineers start mucking about with these values in the context of their theories. See, one must eliminate discretionary income and wipe out conspicuous consumption for this labor theory to have any validity.

Stuart Gort

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